Ripple Supports CLARITY Act—Garlinghouse Says 'This Is the Moment'

▤ Summary

Ripple publicly backed the Senate’s CLARITY Act ahead of a key Banking Committee markup, with CEO Brad Garlinghouse calling the moment critical for U.S. crypto leadership. Ripple’s chief legal officer Stuart Alderoty cited a report estimating 67 million Americans hold crypto and emphasized the need for clear rules and stronger consumer protections. Industry voices including policy arms and executives also voiced support, arguing the bill would provide market structure clarity and benefit investors. The CLARITY Act text from Senators Scott, Lummis, and Tillis will serve as the basis for the markup and reflects input from regulators, law enforcement, financial institutions, innovators, and consumer advocates.

▦ Linked Companies

Ripple

$50M to $100M